Description

Translated automatically from Arabic.

Residential-commercial building for sale: Makkah Al-Mukarramah, Rabwat Kada district, subdivision plan no. 1/7/54, plot no. 607.
Land area 645 m², total built floor area 1,410 m², built under a building permit issued in 1425 AH.

Building components:
• Ground floor: 3 shops (two shops open to each other and one standalone shop) plus one residential apartment.
• First floor: two apartments.
• Second floor: two apartments.
• Third floor: upper annex with roof terraces.

The apartments are spacious. The building is currently fully leased, with a total annual income of SAR 140,000 (SAR 40,000 from the shops and SAR 100,000 from the apartments).

Facing: west, on a street 25.20 m wide.
Boundaries and lengths:
North: plot no. 609, 30 m long
South: plot no. 605, 30 m long
East: plot no. 606, 21 m long
West: street 25.20 m wide, 22 m long

An opportunity suited to an investor seeking an existing asset with stable income in a sought-after location within Makkah Al-Mukarramah, with the possibility of future redevelopment.

Asking price: SAR 8,000,000.
Sale of the entire building with an electronic title deed (صك إلكتروني).
Disclosure: the property is mortgaged in favour of the Real Estate Development Fund; the mortgage will be released upon completion of the sale procedures.